Common use of Distributions with Respect to Unsurrendered Certificates Clause in Contracts

Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 or Section 5.4. Subject to applicable Law, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration Shares.

Appears in 2 contracts

Samples: Arrangement Agreement (Crescent Point Energy Corp.), Arrangement Agreement (Hammerhead Energy Inc.)

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Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Nomad Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 5.1 or Section 5.45.2. Subject to applicable Lawlaw and to Section 5.4, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Nomad Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration Nomad Shares.

Appears in 2 contracts

Samples: Arrangement Agreement First Amending Agreement (Coral Gold Resources, Ltd.), Arrangement Agreement (Coral Gold Resources, Ltd.)

Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Acquiror Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Target Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 5.01 or Section 5.45.02. Subject to applicable Lawlaw and to Section 5.04, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Acquiror Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration Acquiror Shares.

Appears in 1 contract

Samples: Arrangement Agreement (Sandstorm Gold LTD)

Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Buyer Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Shares Common Shares, unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 5.1 or Section 5.45.2 hereof. Subject to applicable Lawlaw and to Section 3.3 hereof, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Buyer Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration Buyer Shares.

Appears in 1 contract

Samples: Arrangement Agreement (SolarBank Corp)

Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Acquiror Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 5.1 or Section 5.45.2. Subject to applicable Lawlaw and to Section 5.4, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration Acquiror Shares.

Appears in 1 contract

Samples: Arrangement Agreement (Fortuna Silver Mines Inc)

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Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Company Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 5.1 or Section 5.45.2. Subject to applicable Lawlaw and to Section 5.4, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration Shares.

Appears in 1 contract

Samples: Arrangement Agreement (Jones Soda Co)

Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration SSR Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Alacer Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 5.1 or Section 5.45.2. Subject to applicable LawLaw and Section 5.4, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration SSR Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration SSR Shares.

Appears in 1 contract

Samples: Arrangement Agreement (SSR Mining Inc.)

Distributions with Respect to Unsurrendered Certificates. No dividend or other distribution declared or made after the Effective Time with respect to the Consideration Acquiror Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Company Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.3 5.1 or Section 5.45.2. Subject to applicable Lawlaw and to Section 5.4, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the Consideration Acquiror Shares to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Consideration Acquiror Shares.

Appears in 1 contract

Samples: Arrangement Agreement (Equinox Gold Corp.)

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